In Rethinking Retail: How the Pandemic is Shaping the Manhattan CMBS Market, CompStak and Trepp’s latest joint report, the two companies explore how Manhattan retail has changed in the wake of COVID-19.
Download the report to learn more about our findings in key areas, such as:
- Retail properties in Manhattan, now serving as collateral for 130 CMBS loans with an outstanding balance of $5.0 billion.
- Post-crisis loans, which have been assigned an aggregate ARA of $259.2 million.
- Delinquency and special servicing rates, currently at an all-time high of 16.78% and 17.55%.
- Rising Manhattan retail distress rates, which include a steady rise in vacancies.
About CompStak & Trepp's Partnership:
With the release of their third joint report, CompStak and Trepp continue to expand their partnership. Their work together also includes a robust integration, where Trepp clients can view CompStak’s critical market and submarket leasing metrics nationwide, including average starting rent, effective rent, tenant improvement, and lease term. Additionally, mutual clients of Trepp and CompStak have access to CompStak’s detailed property and space level data. For additional information, please email firstname.lastname@example.org or call (646) 926-6707.